Condumax Fios e Cabos Eletricos

What Condumax Fios e Cabos Eletricos does

Condumax Fios e Cabos Eletricos is a Brazilian manufacturer of copper and aluminum electrical wires and cables, founded in 1964 in Olímpia, São Paulo, and operating as part of the family-owned Grupo Condumax Incesa alongside its sister company Incesa (electrical components for high, medium, and low voltage). The company produces a full portfolio organized into five go-to-market segments: Transmission and Distribution (XLPE-insulated cables rated 0.6/1 kV to 35 kV, compact network cables, multiplexed and concentric cables, and bare aluminum conductors for overhead lines); Industrial (control, welding, and flexible cords, plus magnetic wire for submersible pumps); Automotive (ISO 6722-compliant wiring including Auto FL series, battery, ignition, and control cables), which represents approximately 50% of revenue; Construction and Infrastructure, including the SafetyMax halogen-free low-smoke line for high-occupancy buildings; and Renewables, anchored by the Solarmax photovoltaic cable family. All products are branded as ecological and RoHS-compliant, and the company holds ISO 9001, ISO 14001, ISO 45001, and NBR 14067 certifications, with utility-homologated solutions co-developed at the group's Olímpia R&D facilities.

The business operates a B2B hardware sales model serving roughly ten major Brazilian distribution utilities (CPFL, Energisa, Neoenergia, Equatorial, EDP, Light, Cemig, Copel, Celesc, Enel), automotive OEMs (with IVECO Group as a strategic partner and ESG Supplier of the Year 2023), industrial customers, construction firms, and the solar/agribusiness segments. Distribution is handled through a dedicated commercial team for large enterprise accounts plus an authorized representation network across Brazil and direct export channels into Latin America, with US market entry under evaluation. Pricing is quote-based on large contracts rather than list-based, and revenue scales with infrastructure capex cycles, automotive production volumes, and the build-out of distributed energy and solar capacity. The group is currently investing R$150 million through 2027 to double automotive capacity and add a 35,000 m² facility, has appointed a new CEO to lead internationalization, secured SENAI Lean Manufacturing support under the federal MOVER program, and is preparing an IPO closing targeted for January 2026.

Name

Condumax Fios e Cabos Eletricos

Legal name

Condumax

Website

https://condumax.com.br

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

101–250 employees

Short description

Condumax is a Brazilian manufacturer of copper and aluminum electrical wires and cables, founded in 1964 in Olímpia, São Paulo, serving energy distribution utilities, automotive OEMs (≈50% of revenue), industrial, construction, and renewable energy customers across Brazil and Latin America.

Ownership category

akta.pro rank

Product category

Electrical Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Industrial Power Cable (MV/HV) (IMADAMAB)

akta.pro secondary industries

Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG), Overhead Conductors & Transmission Cable (IMADAMAH), Control, Instrumentation & Automation Cable (IMADAMAC)

Keywords

• Electrical wire manufacturing
• Power cable production
• Automotive wiring harnesses
• Photovoltaic solar cables
• Aluminum conductor supply

Headquarters

HQ city

Olímpia

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electrical Cables and Wires Manufacturing: Manufacturing and selling copper and aluminum electrical cables and wires to B2B customers including energy utilities, automotive OEMs, construction companies, and industrial sectors. Products include power cables, control cables, automotive cables, photovoltaic cables, and assembled cables.
2. Automotive Sector: Supply of electrical cables and wiring harnesses to automotive manufacturers. Represents approximately 50% of company revenue.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Condumax manufactures and sells copper and aluminum electrical wires and cables to B2B customers including energy distribution utilities, automotive OEMs, construction companies, and industrial clients. The portfolio covers power cables (0.6/1 kV to 35 kV), control cables, automotive wiring harnesses (ISO 6722 compliant), photovoltaic/solar cables, halogen-free safety cables, multiplexed distribution cables, bare aluminum transmission conductors, welding cables, flexible cords, and magnetic wire, all produced as ecological RoHS-compliant products at the Olímpia, São Paulo facility.

Product overview

Condumax Fios e Cabos Eletricos is a manufacturer of copper and aluminum electrical wires and cables serving energy distribution utilities (concessionarias), automotive OEMs and suppliers, industrial facilities, construction companies, and the renewable energy sector. The product portfolio is organized into five main market segments: Transmission and Distribution (overhead and underground power cables including Maxlink SC compact network cables, multiplexed cables, and bare aluminum conductors), Industrial (control cables, welding cables, magnetic wire, and flexible cords), Automotive (ISO 6722-compliant vehicle wiring including Auto FL series and battery/ignition cables), Construction and Infrastructure (building wiring cables including SafetyMax fire-safe cables), and Renewables (photovoltaic cables for solar installations including Solarmax series). Key product lines include the Maxlink family (0.6/1 kV to 35 kV power cables), SafetyMax (halogen-free low-smoke cables for high-occupancy buildings), Solarmax (solar/photovoltaic cables), and various automotive cable series. All cables are branded as ecological products, free of heavy metals and compliant with RoHS directives.

Differentiator

Problem solved

Functional benefit

Products and services

• Maxlink Power and Control Cables Family of XLPE-insulated power and control cables rated 0.6/1 kV to 35 kV, including flexible G-Flex variants, concentric cables, and Maxlink SC compact network cables for distribution networks. Used by utilities, industrial customers, and construction companies.
• SafetyMax Halogen-Free Cables Halogen-free power cables with low smoke emission, non-flame propagation, and low toxic gas characteristics for high-occupancy buildings such as cinemas, shopping centers, hospitals, and metro systems, meeting NBR 5410 fire safety recommendations.
• Solarmax Photovoltaic Cables Photovoltaic cables with high resistance to UV rays and weather conditions, rated for 0.6/1 kV AC and 1.8 kV DC applications, engineered for durability across the 25+ year life of solar installations.
• Automotive Cables (Auto FL9Y, Auto FL2X, Auto FLY, Auto FLRY) Vehicle wiring harnesses and automotive cables including ignition cables (7,000 VCC), battery cables, control cables, and various temperature-rated insulated conductors compliant with ISO 6722-1 for automotive OEMs.
• Flexible Cords (Flexible PP, Flexible PP Plano, Flexible PP Multiples) Flexible cords rated 300/500V with PVC insulation for domestic appliances, portable equipment, and white goods connections in household and commercial applications.
• Power Transmission Bare Aluminum Conductors (CA/AAC, CAA/ACSR, CAL/AAAC) Bare aluminum conductors for overhead power transmission and distribution lines, including standard aluminum (CA/AAC), aluminum conductor steel reinforced (CAA/ACSR), and aluminum alloy (CAL/AAAC) variants.
• Control Cables (AFM, Control Flex, Control Maxlink G-Flex) Control and signal cables for industrial installations, command and control circuits, and signaling in power plants, substations, and industrial facilities, rated up to 1 kV.
• Multiplexed Cables (Multiplexado, Multiplexado AL) Self-supporting multiplexed cables for secondary power distribution networks in urban and rural areas, providing increased safety and reduced visual impact for public distribution systems.
• Assembled Cable Harnesses Pre-assembled cable harnesses and custom cable assemblies for automotive and industrial applications, complementing the standard cable product portfolio.

Quantifiable outcome

• Up to 30% cost reduction in electrical projects using aluminum flexible conductors compared to copper
• +2 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• SENAI-SPcoreImplementation/ SI/ Consulting Partner · 30 October 2025SENAI-SP providing intensive Lean Manufacturing consulting through Mover program. 600 hours of advisory services focused on wire drawing and cable extrusion production lines, targeting 20% productivity improvement. Partnership forms Kaizen teams in both Condumax and Incesa companies.
• Mover (Mobilidade Verde e Inovação)coreStrategic or Co-development Partner · 30 October 2025Federal government program supporting automotive supply chain development. Condumax selected to receive R$240,000 in consulting credits (R$120,000 per company) for lean manufacturing and operational excellence initiatives through 8th public call that distributed R$30.8 million for 440 consultancies.
• IVECO GroupmajorStrategic or Co-development Partner · 1 January 2023Major automotive OEM customer and strategic partner. Condumax supplies electrical cables and wiring for IVECO vehicles. Recognized as ESG Supplier of the Year 2023 among 50 IVECO suppliers in Latin America. Partnership strengthens national automotive supply chain.
• IncesacoreStrategic or Co-development PartnerSister company within Grupo Condumax Incesa. Incesa manufactures electrical components for high, medium, and low voltage applications. Many solutions homologated with major energy utilities were developed in their laboratories. Both companies share headquarters in Olímpia and collaborate on automotive sector initiatives.
• CPFL EnergiamajorOthersMajor energy utility customer and partner. Winner of CPFL Mais Valor 2025 Sustainability award. Condumax supplies distribution cables for CPFL's energy network.

Scale indicators7 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Alubar: Brazilian aluminum conductor manufacturer serving utilities and industrial customers. Directly comparable to Condumax's overhead conductor business (CA/AAC, CAA/ACSR, CAL/AAAC) and aluminum cable offerings.
• Prysmian Group: Global leader in energy and telecom cables with significant Brazilian operations (acquired General Cable in 2018). Directly competes with Condumax in power distribution cables, utility supply, and industrial cable segments across the same Brazilian customer base.
• Leoni AG: German wire and cable manufacturer with strong automotive wire harness business. Highly comparable to Condumax in automotive cables (which represents ~50% of Condumax's revenue) and industrial cable segments.
• Nexans: French global cable manufacturer with operations across power, telecom, and industrial cables. Has a presence in Brazil serving similar utility and industrial customers, making it a directly comparable peer in medium/high voltage and specialty cables.
• NKT A/S: Danish cable manufacturer specializing in high-voltage power cables and accessories. Comparable to Condumax in power transmission and distribution cable manufacturing, with similar utility customer base globally.
• Furukawa Electric: Japanese cable manufacturer with substantial Brazilian operations focused on power and telecom cables. Competes directly with Condumax in utility distribution cables and industrial cable segments in Brazil.

Regional players

• Polycab India: Indian cable and wire manufacturer with broad portfolio spanning power, control, and specialty cables. Similar business model and customer segmentation to Condumax, though operating primarily in Indian markets.
• KEI Industries: Indian cable manufacturer serving power, industrial, and automotive segments. Comparable product portfolio (power cables, control cables, automotive wires) and similar mid-cap manufacturing scale, though primarily serving Indian and Middle Eastern markets.

Broad incumbents

• Belden Inc. US-based specialty cable and connectivity solutions manufacturer. Comparable in cable manufacturing and industrial/enterprise cable markets, though focused more on data/communication cables than Condumax's power and utility emphasis.
• Sumitomo Electric Industries: Japanese diversified manufacturer with significant wire and cable operations including automotive wiring harnesses. Comparable to Condumax in automotive cables and industrial wires, though operates at significantly larger scale across multiple geographies.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/GrupoCondumax
• Facebookfacebook.com/grupocondumaxincesa
• LinkedInlinkedin.com/company/condumax-fios-e-cabos-eletricos

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Condumax Fios e Cabos Eletricos